| Rank This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
|---|---|---|---|---|---|---|---|
| 1 | 1 | UPS Inc.
|
84,628,000 | 1,343,000 | 543,000 | 15,719 | 87,954 |
| 2 | 2 | FedEx Corp.
|
78,752,000 | 3,029,000 | 500,000 | 36,598 | 132,540 |
| 3 | 3 | XPO
|
16,252,000 | 79,000 | 102,000 | 15,500 | 40,000 |
| 4 | 4 | J.B. Hunt Transport Services
|
9,640,000 | 506,035 | 30,364 | 17,777 | 35,857 |
| 5 | 11 | TFI International
|
6,347,134 | 275,675 | 16,753 | 24,604 | 49,713 |
| 6 | 7 | Knight-Swift Transportation Holdings
|
4,673,863 | 410,002 | 22,900 | 19,025 | 57,722 |
| 7 | 5 | Schneider
|
4,552,800 | 211,700 | 15,225 | 9,000 | 36,900 |
| 8 | 5 | Yellow Corp.
|
4,513,700 | -53,500 | 30,000 | 13,500 | 41,900 |
| 9 | 9 | Landstar System
|
4,132,981 | 192,106 | 1,320 | 10,991 | 17,061 |
| 10 | 8 | Old Dominion Freight Line
|
4,015,129 | 672,682 | 19,779 | 9,288 | 36,650 |
| 11 | 10 | Ryder System
|
3,773,800 | 233,382 | 73,300 | 43,300 | |
| 12 | 13 | Estes Express Lines
|
3,559,000 | - | 19,000 | 8,043 | 32,656 |
| 13 | 12 | Hub Group
|
3,495,644 | 73,559 | 5,000 | 3,600 | 4,800 |
| 14 | 15 | Penske Logistics
|
3,200,000 | - | 19,954 | 6,674 | 21,961 |
| 15 | 14 | ArcBest
|
2,940,163 | 71,100 | 13,000 | 4,136 | 22,776 |
| 16 | 18 | NFI
|
2,630,000 | - | 14,500 | 4,500 | 12,500 |
| 17 | 16 | Werner Enterprises
|
2,372,178 | 169,078 | 12,292 | 7,861 | 24,400 |
| 18 | 17 | Prime Inc.
|
2,208,764 | 326,543 | 4,839 | 7,199 | 14,162 |
| 19 | 19 | R+L Carriers
|
1,973,000 est |
- | |||
| 20 | 21 | Saia Inc.
|
1,822,366 | 138,340 | 10,600 | 5,700 | 17,400 |
| 21 | 24 | U.S. Xpress Enterprises
|
1,742,101 | 17,632 | 7,998 | 6,500 | 13,000 |
| 22 | 36 | Purolator
|
1,646,117 | - | 10,882 | 462 | 1,649 |
| 23 | 22 | Kenan Advantage Group
|
1,572,138 | - | 8,600 | 6,854 | 12,283 |
| 24 | 25 | CRST The Transportation Solution
|
1,502,737 | - | 6,631 | 4,704 | 13,994 |
| 25 | 26 | C.R. England
|
1,466,947 | - | 7,150 | 4,000 | 6,600 |
| 26 | 23 | Daseke Inc. (TFI)
|
1,454,100 | 6,200 | 4,304 | 5,052 | 11,579 |
| 27 | 34 | Evans Delivery
|
1,426,000 | - | 536 | 7,500 | |
| 28 | 30 | Sirva
|
1,400,000 est |
- | |||
| 29 | 27 | Universal Logistics Holdings
|
1,391,083 | 48,132 | 7,420 | 4,798 | 3,843 |
| 30 | 28 | UniGroup
|
1,320,000 | - | 850 | 4,500 | 2,575 |
| 31 | 37 | Day & Ross
|
1,319,498 | - | 8,000 | 4,200 | 8,600 |
| 32 | 33 | Anderson Trucking Service
|
1,274,709 | - | 2,369 | 2,706 | 7,209 |
| 33 | 29 | Forward Air
|
1,269,573 | 52,767 | 3,774 | 799 | 6,009 |
| 34 | 31 | Southeastern Freight Lines
|
1,256,333 | - | 8,252 | 2,847 | 7,886 |
| 35 | 40 | Ruan
|
1,222,782 | - | 5,500 | 3,413 | 9,468 |
| 36 | 32 | Averitt Express
|
1,207,587 | - | 8,550 | 4,488 | 14,495 |
| 37 | 35 | Crete Carrier Corp.
|
1,171,000 est |
- | 6,500 | ||
| 38 | 38 | Quality Carriers
|
1,090,684 est |
- | |||
| 39 | 39 | Lynden
|
960,000 | - | 2,595 | 877 | 2,428 |
| 40 | 48 | PS Logistics
|
957,000 | - | 3,036 | 3,500 | 5,900 |
| 41 | 41 | KLLM Transport Services
|
917,000 | - | 3,400 | 6,300 | |
| 42 | 46 | Marten Transport
|
874,374 | 69,500 | 4,140 | 3,331 | 5,395 |
| 43 | 44 | Central Transport International
|
871,000 est |
- | 3,580 | 8,675 | |
| 44 | 75 | 10 Roads Express
|
851,957 est |
- | 3,500 | 5,000 | |
| 45 | 47 | Cardinal Logistics
|
849,000 | - | 4,250 | 3,012 | 8,007 |
| 46 | 43 | Covenant Logistics Group
|
838,561 | -42,718 | 5,550 | 2,579 | 5,114 |
| 47 | 57 | OnTrac Inc.
|
832,000 est |
- | |||
| 48 | 45 | Pitt Ohio
|
828,407 | - | 5,697 | 2,028 | 5,871 |
| 49 | 42 | Atlas World Group
|
806,000 | 8,000 | 637 | 994 | 3,803 |
| 50 | 71 | LaserShip Inc./OnTrac Inc.
|
725,000 est |
- | |||
| 51 | 52 | Western Express
|
721,500 | - | 3,416 | 3,000 | 7,900 |
| 52 | 51 | United Road Services
|
713,000 est |
- | 1,837 | 2,470 | 2,591 |
| 53 | 50 | AAA Cooper Transportation
|
702,000 | - | 4,500 | 2,679 | 7,474 |
| 54 | 55 | Bennett Family of Cos.
|
693,196 | - | 1,031 | 3,285 | 2,186 |
| 55 | 53 | Dayton Freight Lines
|
669,000 | 83,000 | 4,949 | 1,761 | 4,695 |
| 56 | 60 | Heartland Express
|
645,262 | 70,806 | 3,780 | 2,630 | 8,000 |
| 57 | 56 | Bison Transport
|
642,930 | - | 3,676 | 2,137 | 5,823 |
| 58 | 49 | Stevens Transport
|
688,000 | 92,460 | 2,750 | 1,950 | 3,290 |
| 59 | 64 | Canada Cartage
|
628,127 | - | 4,332 | 2,880 | 2,700 |
| 60 | 54 | Mullen Group
|
601,288 | - | 3,539 | 2,042 | 5,079 |
| 61 | 58 | Trimac Transportation
|
600,000 | - | 3,100 | 2,500 | 2,900 |
| 61 | 59 | Suddath
|
600,000 est |
- | 2,200 | ||
| 63 | 65 | Cowan Systems
|
575,872 | - | 2,406 | 2,322 | 7,022 |
| 64 | 92 | Heniff Transportation Systems
|
562,000 est |
- | 2,157 | 7,147 | |
| 65 | 67 | USA Truck
|
551,138 | 4,746 | 2,032 | 2,065 | 6,263 |
| 66 | 62 | Hirschbach Motor Lines
|
532,531 | - | 1,282 | 1,786 | 3,415 |
| 67 | 66 | Two Men and a Truck Movers
|
524,929 est |
- | 11,396 | ||
| 68 | 69 | Jack Cooper Holdings
|
507,000 est |
- | 3,753 | 1,424 | 1,434 |
| 69 | 70 | A. Duie Pyle
|
504,000 | - | 3,341 | 1,347 | 2,456 |
| 70 | 63 | Mercer Transportation
|
495,272 | - | 266 | 2,234 | 2,234 |
| 71 | 68 | P.A.M. Transport
|
486,825 | 17,827 | 2,653 | 2,013 | 6,944 |
| 72 | 80 | IMC Logistics
|
450,577 | - | 2,244 | ||
| 73 | 73 | Roehl Transport
|
450,302 est |
- | 2,702 | 2,040 | 5,481 |
| 74 | 72 | TMC Transportation
|
450,000 est |
- | |||
| 75 | 20 | Roadrunner Freight
|
430,000 est |
- | 893 | 1,201 | |
| 76 | 85 | Foodliner/Quest Liner
|
416,796 | - | 1,564 | 1,569 | 3,030 |
| 77 | 88 | Fastfrate Group
|
400,000 | - | 2,800 | 1,152 | 1,622 |
| 78 | 78 | Mesilla Valley Transportation
|
399,317 | - | 1,970 | 2,015 | 5,800 |
| 79 | 76 | Maverick USA
|
389,182 est |
- | 2,125 | 1,582 | 2,582 |
| 80 | 74 | Dart Transit Co.
|
377,600 est |
- | |||
| 81 | 89 | ContainerPort Group
|
350,000 | - | 408 | ||
| 82 | 84 | Challenger Motor Freight
|
345,000 | - | 1,220 | 1,582 | 3,375 |
| 83 | R&R Family of Cos.
|
343,110 | - | 291 | 504 | 642 | |
| 84 | 83 | John Christner Trucking
|
338,873 | - | 207 | 839 | 1,244 |
| 85 | 81 | Red Classic
|
332,458 | - | 1,296 | 655 | 3,362 |
| 86 | 79 | Koch Cos.
|
328,936 | 3,028 | 1,045 | 973 | 5,652 |
| 87 | 96 | Quantix Supply Chain Solutions
|
324,922 | -25,231 | 1,686 | 1,180 | 2,521 |
| 88 | 86 | RoadOne IntermodaLogistics
|
314,000 est |
- | 2,200 | 1,700 | 350 |
| 89 | 91 | TransAm Trucking
|
297,000 est |
- | |||
| 90 | 90 | Dupré Logistics
|
294,058 | 6,464 | 1,125 | 770 | 1,700 |
| 91 | Postal Fleet Services
|
292,568 | - | ||||
| 92 | 87 | Melton Truck Lines
|
292,125 | - | 1,614 | 1,390 | 2,428 |
| 93 | 94 | Hansen & Adkins Auto Transport
|
283,137 est |
6,622 | 955 | 1,224 | 945 |
| 94 | Daylight Transport
|
275,000 | - | ||||
| 95 | 93 | Trans-System
|
274,000 | - | 1,036 | 1,004 | 1,833 |
| 96 | 99 | Groendyke Transport
|
273,125 est |
- | |||
| 97 | United Vision Logistics
|
261,000 est |
- | ||||
| 98 | Central Freight Lines
|
256,000 est |
- | ||||
| 99 | 98 | PGT Holdings
|
253,727 | - | 695 | 1,138 | 1,825 |
| 100 | Smith Transport
|
246,000 | - | 1,136 | 816 | 2,250 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
* Tractor count includes company-owned, lease-to-own and owner-operator tractors.
Revenues for the following carriers are estimated by SJ Consulting Group: R+L Carriers, Crete Carrier Corp., Central Transport International, OnTrac Inc., LaserShip Inc., Jack Cooper Holdings, Roehl Transport, Dart Transit Co.
^ Stevens Transport revenue and net income figures updated after publication of 2021 ranking.
On the Bubble
Yellow’s Terminals: Analysts Expect More Bids
Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.
Yellow’s Shutdown Opens Up LTL Market for Competitors
The Yellow Corp. shutdown is having a downstream effect on the less-than-truckload space as freight volumes flow toward competitors.
Private Equity Firm H.I.G. Buys 3PL Ascent Global Logistics
A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.
UPS Workers Approve New Union Contract
The 340,000 employees of UPS Inc. represented by the International Brotherhood of Teamsters have approved a new five-year labor pact with the company.
Estes Offers $1.3 Billion for Yellow Terminals
Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.
Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.
Yellow Looks to Finalize Bankruptcy Loan
Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.
Forward Air Plans Merger With Omni Logistics
Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.
Trucking Industry Reports Predictably Weak Q2
The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.
Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
August 9, 2023-
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